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Former President of the United States - Donald Trump | Credits: Getty Images
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Trump and His Allies Move to Destroy Biden Campaign

United States: On Monday, Politico divulged that a pro-Trump super PAC, significantly bankrolled by billionaire Miriam Adelson, is gearing up to commence a USD 61 million advertising blitz this month to decisively undermine President Joe Biden’s faltering campaign.

An insider revealed to Politico that a rejuvenated and overhauled Preserve America is set to deploy advertisements this month as the Summer Olympics kick off in Paris.

The narrative highlighted that these advertisements would be targeted in pivotal battleground states such as Michigan, Pennsylvania, and Wisconsin, as per reports.

In May, it surfaced that Adelson intended to make substantial contributions to Preserve America, an entity originally formed during President Donald Trump’s 2020 reelection bid.

Although the extent of the super PAC’s dependence on Adelson’s donations remains ambiguous, sources indicated to Politico in May that she aims to surpass her 2020 contribution of $90 million.

She and her late husband’s contributions constituted 85% of Preserve America’s financial backing. Sheldon Adelson, the late magnate who presided over a casino empire, passed away on January 11, 2021.

Miriam Adelson, now at the helm of their philanthropic endeavors, plans to escalate their super PAC funding, as per reports.

Preserve America’s mission is to exploit the internal discord within the Democratic Party that ensued after the June 27 presidential debate. A faction of Democrats has called for Biden’s resignation amidst declining poll numbers.

Adelson and her son-in-law stand as principal shareholders of Las Vegas Sands and hold a majority stake in the NBA’s Dallas Mavericks.

Per the Bloomberg Billionaires Index, her net worth is estimated at USD 33.3 billion.

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